Ottawa, IL 61350
$389,000

Mark Quesada
Broker / Owner
LIC #475144827
Prime Downtown Ottawa Investment Opportunity - Located in the heart of Ottawa's historic downtown district, directly across from the iconic LaSalle County Courthouse, this versatile commercial building offers exceptional flexibility for owner-users and investors alike. Situated within a Downtown TIF Zone, Enterprise Zone, and eligible for the Facade Improvement Program, this property comes with significant incentives to support renovation and redevelopment. The first floor features newer updated electrical, a brand-new central A/C system, and an updated boiler pump system - move-in ready for a restaurant, retail store, spa, fitness studio, or other street-level concept in one of downtown's highest-visibility locations. The second floor offers further potential as professional office space or residential apartments, while the third floor is a completely blank slate, ready to be built out to suit your vision. With historic character throughout - exposed brick, tall ceilings, and abundant natural light - and the backing of downtown revitalization incentives, this is a rare chance to plant your business or investment in the center of Ottawa's thriving historic core.
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$2,871/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Robin Wilson, Homesmart Realty Group IL
MLS# MRD12725344 · Active
$229,000
Median sale price
38 days
Avg days on market
96.8% of list
Sells for
Closed sales in 61350 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
Interior
Construction
Lot & parking
Utilities